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+li... � � ` _ 77� U0635y Loudor's writton a�reement or applicabie law. Horrower shall pwy the amount of all mortgs�e insurance prcmiums in the mmner pfovided under paresraph 2 hereo[. Aay anwunte disbutaad by Lender punuant to thu paraarrph 7, with iatenst thereon. shall berome additional iodebtedt�t of Borrower �ecured by tl�is Mortgaga Unless Horrower and Lender a�ree to other tcrms of payment, such � anm�anq thatl be psysble upoa notka trom Lender to Borrower requeuing payment tlxreof. aad shall l�ear interort from the date of dhbur�e+ment at the rnte payabie [rom time te time on oupta�ufing principal under the Nate unlesa �ymau o[ ie0mast at such rate would be cpntrary to appliubk law, in which event sucfi amounu �haU bear inror+cst at the hi�fiat nte pern+i�b{e under sppGeabte law. Nothing contained in thia para`raph 7 st�ali require Lender to ie�ur sny e:peate or take �y .�, �,ea�. t �q�eUe�. Lender may malce or cause to be mede reasontbte entries upon and inopections of the Property, provided that L.onder shsll sive Horrower notice prior to any such inspection specifyinQ rcawnable cause therefor rdated to Lender'a intere�t in the Property. �• Ce�iew�ttlo�. 77fe proceeds of any award or clsim for damages, direct or consequential, in connection with any eondemnation or other qlcie� of the Property, or part thereof, or for eonveyance in lieu of condemnatioa, are hereby asi�ned and s6all be p,tid to Lender. In the event o[ a total taking of tlx Property, the procoeds shall be applied to the sums aecured by this Mortpse. with the ezcess, if any, paid to Borrower. In the event of a Partiql taking of the Property, unless Borrower and Lender othenwite aeree in writing, there chall be applied to the sums securcd by this Mortgage such proportion of the proceeds as is equaJ to thu proportion wi�ich the amouni of the sums secured by this MortgaQe immediately prior fo the date of qkin� bean to the fair market value of the Property immediately prior to the date of taking, with the balance of the proceeds paid to Borrower. If the Property it abando�d by Borrower, or if, after notice by l.ender to Borrower that the condemnor otfen to make an award or settle a claim for dsmages, Borrower fails to respond to Lender within 30 days after tlfe daee such notice is mtibd, Lender is auNwrimd to collect and apply the proceeds, at I.ender's option, eitl+er to rastoration or repair o! t6e Property or to the sums aecured by this MortgaQe. Unless C.ender and Horrower otherwise agree in writing, any such application of proceeds to pri�uipal shall nat extend or poatpone the due date of the monthly initallments roferrcd to in paragraphs 1 and 2 hereof or chanQe t!ro amount af auch eactatlments. 1�. iareswer NN Ae1p�e�. Extenaion of the time for payment or modiflcation of amortization of the suees �eeured by this 111oR`ase iranted by Lender to any successor in interesi of Borrower shall not operate to rc4ase, in any manner. t!x liability of the original Borrower and Bwrower's successors in intercst. Lender shall not be required to commnnee procaedinp spipst euch succesaor or rcfuse to extend time for payment or otherwise modify amonization of tbe sums socured by this Mortgase by roason of any demand made by the original Borrower and Bonower's succeuon in interat. 11. BNi�see ry Leqier Not a R'alver. Any forbearance by Lender in exercising any right or remedy heteunder, or othewioe atFonded by applicable la�v, shall not be a waiver of or proclude the ezerciae of any such ri�ht or remedy. '!Ue p�eeunament of imurance or the payment of taxes or other liena or charsec by Lender shall not be a waiver of Lender's ri� (b�te the a�aturity of the in�btodness secured by this Mortgage. 12. � �I�e. All remedies provided in this Mortgage arc distinct and cumulstive to any otfier ri�ht or ranedyr uader thls Mort�s�e or alForded by law or equity, and may be ezercised concurrently, independondy w sucxrivdy. 13. �c�s aM A�ir Es�wi; Jeht ad 6everN [J�brty; Ca�tlsas. The covenants and a`roememts heroia contaiwed d+all blwd, and tt�e ri�l+ts hercunder shall inure to, the respective successors and aui�nc of Lender and Borrorver, subject to tfie provivans of p�rsynph 17 hereof. Atl covenants and agreements of Borrower shali 6e joint and sevenl. 'iUe csptiwu aiul headi+�p of the puayrephs of this Mortgage arc for convenience oniy and are not to be wed to i++terp�+et or datne the provisioas heroof. is. N�tl�r. Ezcept for any notice required under applicable law to be given in another manner. (a) any �wtioe W Horrowror provided for in this Mort;a;e ehall be Qiven by mailtng such notice by ceni5ed mail addreored to HorroWer at the Property Addreu or at auch aher addrcss ac Borrower may designate by notice to Lender u provided herein, aed (b) aey ootice W Lender ahail be �iven by certiNed mail. rctum receipt requested. to Lender's �dre�s stated herein or W wd� other ad�e�s ae I.ender may deaignate by notice to Borrower ac provided herein. Any notice peuvided for in thh More�a{e �Ifall 6e deemed to have beea Siven to Borrower or I.ender when ;iven in the manner deiip+aMd hmrin. 13. U�I[� Mo�e; Ge�ee�i� Law; Sever�b�lty. This form of mortgaQe cambina uniform covenanb for eatiwul we md aon-uwiform covenants with timited variations by jurisdiction to co�utitute a unifonn tecurity inttrumeet ooverie` roa! pnopeety. This Moresaee shall be soverned by the law of the jurirdiction in which the Prope�ty is locued. In the event tMat any provicion or clnwe of this Mortgage or the Note conAicts with applicable law, sucA coe8iet ahatl aa affect otl�a proviaioes oE this Moettase or the Note which can be given eHect without tha conAictins provieion, aed to t6it a�d the provisions of the Mort�ate and the Note arc declarcd to be severable. lf. Neswer's Ce�y Hprrpwer shall be furnisl�ed a conformed copy of the Note and of thic MortQaQe at tfie time of exeeution � after recordallon hereof. 17. '1�arfer ot tY� Tre�1y; A�wr�ytlo�. If alt or any part of the Property or an ineerest thereie ia wld or trae�[errod by Dorrrnver without I.eeder'� prior written consent, exdudins (al the creation of a lien or mcumbneoe subordie�te W d�is U[ortp�e. (b/ the croation of a purchase money security i�cerest for hou9elwld applianee�. (c) a tranahr by devi�e. deroa�t or by c�pention of law upon the death of a joint tenant or (d) the grant of any lea�ehold intercat of three years or 1as not eoahini� an c+prtllon co purtha�e. Lender may. at Lender's option. declare dl the sums �ecured by thi� Mwtsye to be i�diately due aed Exyable. Lender st�atl have waived such option to sccelerau if, prior to the sale or traester, Lender and tie perwn W �vhae tl�e Property is co be wld or transferred reach agreanent in writins that the crodit of wch penon is �amfaetory w Isoder aod thu tfie iuterect payabk o� the aums eecured by this Mort�sse shall be at such nee aa I.endor s6a11 requeit. It L.a►der hp v�ived the option to �ccelerate provided in tbis para�raph 17, a� if Borrower'a succwor in meerart hat eieeubd o writ6ee aw�ptiow a�reema�t acceptad in writinQ by Lender. Lender shalt reka�e Borrower from dl oblipti�out uuder Wit A[o�yase aed U�e No1e. It Londer enereues weh optan W �eeebrate. Lender chall mail Horrower notioe of accebration in ac�wrd�nce wid� prrr�esph 1� Irereof. Sud� notire slall pwvide r Qeriod o( �wt ks than 30 days front tfie daee Hx eotice is rna�ed withit� � �ro� �Y WY � `� declarod due. lf Borrower fails to p�y sucl+ eunu prior to the expiration of such period. [.awier oay. wirho�K Eu�thar aotioe or dea�aed on !lorrower. �nvdce any remedia perm�tEmd by p�ra�aph IB hereof. Nd+-UKewoa�r Covet+.�xrs. Sorror+er aod L.a�der funiw covenant aed aseee as fdlors: la A�oorin.r..: a.riYa Fseqe a. O.e.leka t� p.a�r.�i 17 Ye.eer, uw Mr...wr. w..er or ..y co.....t o. �.r..t d �......r �. IW M«�., Me1�L 1ie c.ve..�ls a My �+Y.. a.e a.y .... .s«.a ry W. 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